Signaturefd LLC Has $73,000 Stock Position in Calix, Inc $CALX

Signaturefd LLC lifted its position in Calix, Inc (NYSE:CALX) by 36.0% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,370 shares of the communications equipment provider’s stock after buying an additional 363 shares during the period. Signaturefd LLC’s holdings in Calix were worth $73,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CALX. Meeder Asset Management Inc. acquired a new stake in shares of Calix during the first quarter worth about $28,000. Quarry LP increased its stake in Calix by 1,704.0% during the 1st quarter. Quarry LP now owns 1,353 shares of the communications equipment provider’s stock worth $48,000 after purchasing an additional 1,278 shares in the last quarter. GAMMA Investing LLC increased its stake in Calix by 119.7% during the 2nd quarter. GAMMA Investing LLC now owns 1,472 shares of the communications equipment provider’s stock worth $78,000 after purchasing an additional 802 shares in the last quarter. US Bancorp DE raised its holdings in Calix by 37.1% during the 1st quarter. US Bancorp DE now owns 7,372 shares of the communications equipment provider’s stock worth $261,000 after buying an additional 1,996 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Calix in the first quarter valued at approximately $292,000. 98.14% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

CALX has been the topic of a number of research analyst reports. Roth Capital raised their price objective on shares of Calix from $60.00 to $69.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Needham & Company LLC lifted their price target on Calix from $60.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. JPMorgan Chase & Co. upped their price objective on Calix from $38.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, July 17th. Weiss Ratings reissued a “sell (d)” rating on shares of Calix in a research report on Saturday, September 27th. Finally, Rosenblatt Securities boosted their target price on Calix from $56.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, July 22nd. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $64.00.

Insider Activity

In other news, Director Carl Russo sold 25,000 shares of the stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $55.40, for a total transaction of $1,385,000.00. Following the transaction, the director owned 2,114,188 shares in the company, valued at approximately $117,126,015.20. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Cory Sindelar sold 10,000 shares of Calix stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $60.00, for a total value of $600,000.00. Following the sale, the chief financial officer directly owned 76,555 shares of the company’s stock, valued at approximately $4,593,300. The trade was a 11.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 45,000 shares of company stock worth $2,545,000. Insiders own 16.90% of the company’s stock.

Calix Trading Down 2.2%

CALX opened at $59.59 on Monday. The stock’s fifty day simple moving average is $59.50 and its 200 day simple moving average is $49.51. Calix, Inc has a 1-year low of $28.60 and a 1-year high of $64.30. The stock has a market cap of $3.89 billion, a PE ratio of -148.98 and a beta of 1.32.

Calix (NYSE:CALX) last released its quarterly earnings data on Monday, July 21st. The communications equipment provider reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.41. The firm had revenue of $241.90 million during the quarter, compared to analysts’ expectations of $223.81 million. Calix had a negative net margin of 3.09% and a negative return on equity of 3.21%. The company’s revenue for the quarter was up 22.1% compared to the same quarter last year. During the same period in the previous year, the business posted $0.09 earnings per share. Calix has set its Q3 2025 guidance at 0.310-0.371 EPS. Equities analysts forecast that Calix, Inc will post -0.43 earnings per share for the current year.

About Calix

Calix, Inc, together with its subsidiaries, engages in the provision of cloud and software platforms, and systems and services in the United States, rest of Americas, Europe, the Middle East, Africa, and the Asia Pacific. Its cloud and software platforms, and systems and services enable broadband service providers (BSPs) to provide a range of services.